> Sundar Pichai is a brahmin. He is smiling from on high.
His bosses Sergey and Larry are Jewish. They are smiling from on higher.
719 karma · joined March 8, 2022
His bosses Sergey and Larry are Jewish. They are smiling from on higher.
Good riddance.
Must the Jewish founders of the FAANG companies share their views on the Israel-Palestine conflict?
Does the US condemn the mass murder of and continent-sized land theft from Native Americans and the mass kidnapping and centuries-long enslavement of Africans by granting them 60% of all jobs at every level of government?
Google did the right thing by keeping her out.
[1] https://twitter.com/dalitdiva/status/1465358123640655875
https://musically.com/2020/07/20/steve-stoute-if-drake-goes-...
A lot of AWS itself is just copied open source projects [2].
Google does the same thing with Yelp [3].
[1] https://www.reuters.com/investigates/special-report/amazon-i...
[2] https://www.nytimes.com/2019/12/15/technology/amazon-aws-clo...
[3] https://www.nytimes.com/2017/07/01/technology/yelp-google-eu...
If I gave you $1 billion and said:
1. buy a company within 2 years and keep 20% of the equity of that company for yourself. You do not need to hold that equity for the long term. You can sell that 20% equity immediately and pocket the proceeds.
2. do not buy a company within 2 years and return the $1 billion to me with interest.
If you had to choose between buying a trashy company and pocketing $200 million or returning me the $1 billion and pocketing nothing, which would you choose?
That is just a technicality. Housing is the greatest one time and recurring expense most people have and change in prices for housing has the greatest impact on their perception of how expensive things are.
I agree that this is the case in the short run. But I do not believe this is the case in the long run. And there are great investors out there who hold this view.
> Yield can be sourced from trading/borrowing fees or in the event of liquidation the collateral that these traders provide. Yield can also be generated by performing some functions on a blockchain like validating transactions. Yield can also come from the "pre-mine" in instances where the coinmaker is offering yield farming.
You may be right. The only issue is that when someone offers you a guaranteed 12% or guaranteed 20% annual return on your money in a near 0% interest environment then it seems too good to be true. And it was too good to be true in the case of that recently collapsed 'luna' coin which wiped out 45 billion of investor money.
I disagree and believe crypto is by-in-large predatory. The crypto handbook seems to be:
1. create coin
2. promote coin and get people to 'invest' in it
3. move the 'invested' money ("rug pull") into your personal account
4. disappear or do it again
> there will always be people who don't value risk properly
This is true. But we cannot compare making a wrong call on the direction of highly regulated Microsoft stock with 'investing' our money with people who are almost certainly going to steal all of it with zero consequences.
> will affect your gambling experience
You call this gambling. But the crypto creators promote their coins as investments with 'exchanges' and so on.
Financial investments and gambling are both highly regulated industries but crypto is subject to regulations from neither.
Unless those other people are the government. In which case it is their obligation to reasonably check predatory fraudulent activity, including ponzi schemes.
And unless those other people are simply concerned citizens who bring dubious schemes to the attention of the public at large.
But I am afraid it is is transmissible by 'respiratory droplets'.
> "Monkeypox virus is transmitted from one person to another by close contact with lesions, body fluids, respiratory droplets and contaminated materials such as bedding."
https://www.washingtonpost.com/politics/2022/05/22/biden-mon...
What will happen to the housing market?
Bezos has 2 options. He can pay me $1 as a dividend or he can reinvest that $1 into his business and make my share worth $11.
His choice does not matter in the absence of taxes and other costs.
If he does not pay out a $1 dividend but I want a $1 dividend, I will sell 1/11th of my $11 share and get $1.
If he does pay out a $1 dividend but I do not want a $1 dividend, I will use his $1 payout to buy 1/10th of a $10 share and now own 1.1 share.
In both cases I have $11.
The difference between this and crypto is that crypto has no earnings. If SBF and his coinmaker friends want to pay me $1 on my $10 ("yield farming") they must do it by taking $1 from new investors to pay me. But who will pay those new investors?
It is a lot of fun until people start becoming homeless and consider ending their life.
https://www.reddit.com/r/terraluna/comments/un3w7t/i_lost_ov...